From the Sensex pack, Tata Motors slumped over 7 per cent. Adani Ports, Tata Steel, SBI, Power Grid, JSW Steel and Maruti were the other big laggards. However, Hindustan Unilever and Nestle ended in positive territory.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.
'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'
...the DMK chief minister's campaign -- which includes criticism of the BJP's 'pro-Hindutva, anti-Tamil, anti-federal' policies and building on his own government's social welfare programmes targeting especially women and youth -- appeals to Tamil Nadu's voters in next year's assembly election, explains N Sathiya Moorthy.
'The economy is clearly at a very soft spot, and earnings growth is disappointing every day.' 'After three great years, the Indian economy has hit a rough patch.'
Bharatiya Janata Party President M Venkaiah Naidu on Monday described the mayhem in the stock market as a "trailer" of the coming political scenario.
A section of senior stocks brokers on Thursday demanded that the Sebi probe the reasons behind the steep decline in share prices on May 17 by analysing the trade data at the BSE and NSE and punish the guilty severely.
In an hour-long chat on rediff.com on Wednesday, market expert Pranav Sanghavi offers some valuable tips.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Many banks have begun to work on plans to provide assistance to brokers to ensure they do not default on any payments amid a turbulent stock market, following the finance ministry's unofficial advice to them to explore ways of supporting market players. All the actions would be initiated within the prudential framework like adhering to the limit on capital market exposure, said a top executive of another PSB.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
All Sensex shares, except for Hindustan Unilever, ended with losses. Tata Steel fell the most by 7.33 per cent followed by Larsen & Toubro which cracked 5.78 per cent. Tata Motors, Kotak Mahindra Bank, Mahindra & Mahindra, Infosys, Axis Bank, ICICI Bank, HCL Technologies and HDFC Bank were the other big laggards. Hindustan Unilever ended marginally higher.
'If you see another 1000-point correction, people may start panicking.'
Two residents of Pune, Kaustubh Ganbote and Santosh Jagdale, were killed in a terror attack in Pahalgam, Kashmir, on Tuesday. Ganbote, a snacks business owner, and Jagdale, an interior designer, were on a family vacation with their wives and children when the attack occurred. The attack has left both families devastated. Ganbote was known for his jovial and helpful nature and had recently become a grandfather. Jagdale was also known for his love of travel and music. The bodies of both men were brought back to Pune on Thursday, where they were received by Union Minister of State for Civil Aviation Murlidhar Mohol.
India's top billionaires lost a sizeable portion of their wealth in Monday's stock market slide.
The bear market has lasted 10 months and the Nifty is down by over 20 per cent from its all-time peak of 9,119 in March 2015.
The derivatives trading volume has seen a 37 per cent month-on-month decline in December following a slew of measures undertaken by the market regulator Securities Exchange Board of India (Sebi) to curb the frenzy in the derivatives segment. The average daily turnover (ADTV) for the derivatives segment (notional turnover for options segment) so far this month is at Rs 280 trillion - the lowest since June 2023-compared to Rs 442 trillion in November.
The stock markets the world over are once again in doldrums. We will point out some steps that investors should take in such a crisis-like situation.
Why try to time the market when time in the market works better? History shows that patient investors who stay the course often walk away with the real rewards, says Ramalingam Kalirajan.
Titan, NCC, Delta Corp, Karur Vysya Bank, Aptech, and Jubilant Life Sciences are among stocks in Jhunjhunwala's portfolio that have taken a severe hit, falling more than 50 per cent during the period.
Financial planning expert Irfan Rupani offers some valuable tips.
Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'
The Punch.ev achieved the highest score point ever recorded by any vehicle to date, scoring 31.46 out of 32 for adult occupant protection and 45 out of 49 for child occupant protection.
From the BSE 30-share blue chip pack, 27 scrips ended with losses led by SBI and Tata Steel.
The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.
Making the things worse, those hitting their record low share prices included big names like Reliance Power, Cipla, Ranbaxy, Ambuja Cement, Hindalco, Indian Hotels, Jaiprakash Associates, Jet Airways, Suzlon Energy and Idea Cellular. Realty majors DLF Ltd, Unitech, Parsvnath, Sobha Developers, Omaxe and Puravankara also plunged to their all-time lows.
In the last six trading days, the Sensex, BSE's benchmark index, has declined a record 3,222.10 points - from 20,827.45 to 17,605.35. The total market capitalisation of the actively-traded stocks fell by Rs 11,85,687 crore (Rs 11.85687 trillion) to Rs 59,53,526 crore (Rs 59.53526 trillion).
For the already invested, the road ahead looks rather bumpy. However, when markets offer little to cheer about, for ones who have stayed away for so long, it does offer a whole lot opportunities.
The four-day carnage in stock markets has left investors poorer by over $100 billion, while they suffered a loss of more than Rs 1 lakh crore in Wednesday's trade itself.
The market capitalisation (m-cap) of nine of the country's top-10 firms diminished by Rs 67,964.18 crore during the week, with oil and gas major ONGC bearing the maximum brunt.
India conducted nationwide civil defence mock drills simulating multiple hostile scenarios like air raids, fire emergencies, and rescue operations across several states and union territories. The drills, dubbed 'Operation Abhyaas,' aimed to enhance emergency preparedness in light of recent terror attacks. The exercises involved coordinated efforts by various agencies, including civil defence personnel, police, fire and emergency services, and the military. Mock drills were conducted at various locations, including railway stations, malls, and high-rise buildings, showcasing the response capabilities of authorities in different emergency scenarios. The drills highlighted the importance of public awareness and cooperation in dealing with real-time emergencies.
Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market crises to safeguard the interests of all investors. These measures have been outlined in the investor protection policies recently put out by mutual fund (MF) trustees. The policies for small and midcap schemes were prepared by MF trustees following directives from the Securities and Exchange Board of India (Sebi) earlier this month.
The dealers operating in the space have jumped nearly three times over the past two years.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.